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International Food Store Off Licence for Sale in Birmingham West Midlands

Birmingham, West Midlands

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    634156

  • Leasehold: £180,000 (Stock at valuation)
  • Rent: £28,800 (£2,400 per month)
  • Turnover: £884,000 (£17,000 per week)
  • Profit: On request

Key Features

  • With Car Park
  • Company for Sale
  • New Lease
  • Prime Location

Business Details

International Food Store Off Licence for sale

Located in the bustling heart of the high street, this convenience store enjoys excellent visibility and accessibility, making it a favored spot for daily shoppers. We provide a diverse selection of products and services that meet our customers' everyday needs, including a variety of alcoholic beverages, snacks, and essential items. Our Paypoint service and parcel options further enhance the shopping experience, ensuring convenience for all patrons.

Established 16 years ago, this thriving business has been under my ownership for the past 9 years. During this time, we have witnessed a consistent increase in turnover, currently reaching approximately £884,000 annually. The store benefits from its prime location, which is in close proximity to various amenities such as ATMs and bus stops, attracting a steady stream of customers.

Currently, the business operates with a dedicated team of 4 employees and has a strong online presence, allowing for expanded customer engagement. The opportunity to acquire this leasehold convenience store in Birmingham, West Midlands, is available for an asking price that can be requested upon inquiry. The annual rent stands at £28,800, and comprehensive accounts are available for serious buyers.

As I plan to venture into a new business, I am offering training opportunities to the new owners to ensure a smooth transition. This presents an excellent chance for someone looking to invest in a well-established and successful enterprise.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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